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Dec 6, 2012 6:00am EST
all very much. >> house speaker john bender and other members of the gop leadership spoke for 10 minutes. >> good morning everyone. you know, this week, we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and included additional revenue. and frankly, it was the balanced approach that the president's been asking for. white house. with ourselves. our targets and framework are things that we can all agree on. and it's exactly how we approached our discussions in the biden group, my discussions at the white house a year and a half ago and for that matter, in the joint select committee. and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. if you look at the plans that the white house has talked about thus far, they couldn't pass either house of the congress. we are ready and eager to talk to the president and to work with him to make sure that the american people aren't disadvantaged by what's h
Dec 4, 2012 8:00pm EST
as the star john major. >> thank you. -- as the sergeant major. >> thank you. a 50-50 district went for president obama appeared a long history of being centrist on issues but very pragmatic. the farming district includes health care systems. spearhead and some of the reforms there. what came loud and clear through was, let's try to focus on the politics we agree on, move those things, and then come back later to the things we disagree on. the issue of a discharge petition to move forward, this is something we agree on. there is not a single republican who signs this who is violating any pledge they took on taxes. this will ensure we think the middle class tax. it provides a certainty you heard the talk about during a very important time to spend money for this. i think it spends -- sends a strong signal. maybe there is another component to this. there are other members who have to go back home and say, what did you do to make this different? all we are asking for is folks will vote for this. i think many in the house will eventually vote for this anyway. the president said he will
Dec 5, 2012 1:00am EST
. the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we actually get there? >> i believ
Nov 28, 2012 8:00pm EST
satellite corp. 2012] >> house speaker john boehner said today he disagrees with a proposal from congressman tom call who suggested he and his gop colleagues should renew middle-class tax cut and allowed the top tax rates to let -- rise. tonight, we speak from -- hear from speaker boehner, house democrats, and president obama on the so-called fiscal clef. later, alan simpson and erskine bowles talk about some of the fiscal choices facing congress. >> the program began under one of the advisers to president franklin roosevelt to document the conditions under which people were living. this was back when we did not have television. we had radio, but a lot of places did not have electricity, so they could not listen to the radio broadcast to find out what was going on in other parts of the country. he was an economist from columbia university. he was the head of this project. in 1939, when kodak introduced color film, they sent him to have his photographers try out, see what they could do. kodak was trying to establish a new market and product, and they wanted people who would know how to use it
Dec 5, 2012 8:00pm EST
with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left. we always have to make -- there has to be a special mass when we deal with minorities because they are too feeble minded. we really need to make concessions for them because they cannot follow the rules lik
Dec 5, 2012 6:00am EST
will be good. roughly $1 trillion, $600 billion from tax reform, and house speaker john boehner has millions from tax reform. a logical number would be something like $1.40 trillion, $70 billion from reform, senator dollars billion from tax rates. $700 billion from tax rates. we talked about some spending items in the day. you can come up with some numbers that will work, and here is the bottom line. i think our goal in terms of the market should be a deficit that is small enough at the end of the decade so that the debt to gdp ratio stabilizes. it would be great to get it down, but if we could get it stable by the end of the decade, we will not solve our problems forever, but we will solve the problems now, markets will be ok, businesses will be ok, and the fundamentals will improve, and we will be in much better shape. >> does anyone want to weigh in on the plan? $7 billion in reform. >> if you take their rates to 39.5% and then you cap deductions, what is your top effective rate? -- what is your effective rate on the top income people? another $700 billion on top. what is your actual effe
Nov 29, 2012 1:00am EST
. chairman, whether it is our current chairman, john larson, or our future chairman -- whoever gets to lead this caucus knows we have got an enthusiastic group of committed representatives of this country ready to get the job done. >> questions? >> congressman, if republicans are willing to step up and raise revenue, will house democrats provide votes to cut benefits to programs like medicare and medicaid? >> let me say that clearly, as gene sperling was sent today, the president is willing to look at what they're going to put forward in terms of revenues, but that has not been forthcoming, shall we say. with the president has been very clear is in terms of the impact on beneficiaries and beneficiaries are the people who are the recipients of medicaid, medicare, and social security -- we believe at most would agree that social security is not responsible for the deficit and should not be on at the table for discussion. with regard to the so-called entitlements -- i come from hartford, connecticut. this is a matter of insurance and it is a matter of actuarial assumptions. and i think when yo
Nov 30, 2012 1:00am EST
hear from house speaker john boehner after meeting with treasury secretary tim geithner. that is followed by house democratic leaders after their meeting. then, senate democrats explain what they're looking for in negotiations with republicans. friday on "washington journal," a congressional this story and gives a history of the filibuster rule in the senate and explains the changes senate leader harry reid is pursuing. then austin tell us less starting at 7:00 eastern on c-span. -- washington journal is live at 7:00 eastern on c-span. >> we had 2000 flag officers and generals. today we had one dozen flak officers and generals. the ratio is out of whack. it is not a captain, and a battle of. we look at where we can not only save the money, but we can transfer responsibilities at of the pentagon and consolidate programs and serious significant amount of money. >> this weekend you can talk about tom coburn above the fiscal cliff and the republican party in "in the." on c-span 2. >> his comments, the same day timothy geithner made the rounds on capitol hill, visiting with h
Nov 29, 2012 8:00pm EST
they are looking for in negotiations with republicans. house speaker john boehner told reporters there has been no progress in two weeks of discussions on the fiscal cliff. his comments came on the same day guide ner made rounds on capitol hill. this is ten minutes. >> good morning, everyone. the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. on tuesday, we had productive conversation at the white house. despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. this is a moment for adult leadership. campaign-style rallies are not the way to get things done in washington. a discussion with the treasury secretary was frank and direct. we hope to see
Dec 6, 2012 1:00am EST
of capital gains. the capital gains tax will go up 10%. host: john from new mexico. caller: thank you for taking my call. you read my tweet just a little while ago. i want to continue on this theme of the lower capital gains rate. this low capital gains rate is a way the uber rich use to control to give themselves their own tax rate and their own general tax category to there everything in. they can lessen their participation in our democracy. i have investments, too. to only have to pay a 15% rate on that income seems silly to me. i pay normal taxes and normal social security. there is no need to incentivize capital formation these days. host: are you retired? caller: i am still working. host: this is a story from "the wall street journal." host: "families with adult children." how can you take advantage if you're a couple and one spouse earns more than the other? guest: i would not want to delve into that. host: we will move on to jim in north carolina. go ahead, jim. caller: thank you for taking myy call. the lowering to the $1 million cap. my wife and i have never made more than $
Search Results 0 to 9 of about 10